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Liberalisation, Privatisation And Globalisation — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsLiberalisation, Privatisation And Globalisation3 Marks
Question
What did the trade policy reforms aim at?
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Answer

The trade policy reforms aimed at:
  1. Dismantling of quantitative restrictions on imports and exports.
  2. Reduction of tariff rates.
  3. Removal of licensing procedures for imports.

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